Myanmar Drive Future Telecom Market Research Reports

Hexa Reports Market Research Reports and Insightful Company Profiles Myanmar Drive Future Telecom Industry 2015 Market Share and Size, Trends, Growth, Analysis and Forecasts In 2015, Myanmar will be the third-fastest growing telecom services market in the world, with estimated revenue of US$2.39bn or 5.5% of GDP, a 72.8% increase on the previous year. Mobile data was the most important growth driver, generating $0.50bn more revenue in 2015 than in 2014. Mobile service revenue will continue to witness a stable growth rate (CAGR of 6.6%) over the forecast period, mainly driven by the increased 3G adoption and LTE development. Pyramid Research expects to see overall service revenue grow at a 6.3% CAGR from 2015 to 2020. The fixed/mobile revenue split will be inclined toward mobile, which will account for an estimated 92% of overall service revenue in 2015. Ongoing investment and operator initiatives to enhance data services will be key drivers for growth of data services, enabling them to account for 94% of total telecom service revenue in 2020. Browse Detail Report With TOC @ http://www.hexareports.com/report/myanmar-liberalizedmarket-and-investment-in-3g-and-4g/details Key Findings Myanmar will be the third-fastest growing telecom services market in the world, with estimated revenue of $2.39bn or 5.5% of GDP. The top two operators - MPT, which provides fixed mobile and IPTV services, and Telenor Myanmar, a mobile operator - will account for 84% of overall service revenue in 2015. Operators are taking the initiative to provide cheaper and faster data services. They all have invested heavily in infrastructure, such as towers, to increase population coverage.